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Information Systems Are Created to Solve Business Needs

question 74

True/False

Information systems are created to solve business needs.


Definitions:

First-Hand Knowledge

Information or data obtained directly through personal experience or observation.

Externalities

Economic side effects or by-products that affect an uninvolved third party; can be either positive or negative.

Public Goods

Items that are non-excludable and non-rivalrous, meaning they can be enjoyed by everyone, regardless of whether they contribute to their provision.

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